Learn the provisions and step-by-step process for Indian companies to issue shares for consideration other than cash, including valuation and regulatory filings.
Understand MSME Form 1 compliance under the Companies Act. Learn who must file, due dates, V3 updates, and penalties for non-compliance.
Learn the process and legal compliance for issuing preference shares through rights issue under Companies Act, 2013. Understand eligibility, steps, and filings.
Understand tax, valuation, and GST implications in the takeover of a proprietorship firm by a private limited company under Indian corporate laws.
Below is a curated list of the most influential and frequently cited landmark judgments under the ITA, focusing on their practical significance, legal principles, and frequent use in tax disputes.
ITAT Raipur held that reassessment proceedings under section 147 of the Income Tax Act without any fresh material, amounts to mere change of opinion, and hence the same is not sustainable in law.
Supreme Court held that in the case under Section 138 of the Negotiable Instruments Act, 1881 [NI Act], complainant is not required to show evidence that he had the financial capacity. Accordingly, appeal of appellant allowed.
In general, non-convertible securities are those financial instruments that cannot be converted into other type of securities like equity or another debt instrument. For example debt securities and bonds that cannot be converted into equity.
Use this 10-point checklist to identify appeal-worthy issues in a GST order. Spot procedural lapses and factual gaps quickly and efficiently.
ITAT Raipur held that change in method of depreciation can be reason for difference in closing stock of plant and machinery in previous year vis-à-vis opening stock in current year and the same needs further examination, hence matter restored back.
